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SEGMENT REPORTING (Tables) | 12 Months Ended
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Dec. 31, 2011
Segment Reporting [Abstract] |
Reconciliation of Certain Segment Information from Segments to Consolidated [Table Text Block] | 2011
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Self-Storage Investments |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 57,994 |  |  | $ | 55,888 |  |  | $ | 23,189 |  |  | $ | 11,429 |  |  | $ | 25,782 |  |  | $ | (24,121 | ) |  | $ | 150,161 |
Property operating expenses and real estate taxes |  | 17,087 |  |  | 18,952 |  |  | 14,435 |  |  | — |  |  | — |  |  | (2,417 | ) |  | 48,057 |
General and administrative expenses |  | 24,226 |  |  | 16,678 |  |  | — |  |  | — |  |  | — |  |  | (17,818 | ) |  | 23,086 |
Income before depreciation and amortization |  | $ | 16,681 |  |  | $ | 20,258 |  |  | $ | 8,754 |  |  | $ | 11,429 |  |  | $ | 25,782 |  |  | $ | (3,886 | ) |  | $ | 79,018 |
Depreciation and amortization |  | $ | 14,206 |  |  | $ | 15,454 |  |  | $ | 4,221 |  |  | $ | — |  |  | $ | — |  |  | $ | (895 | ) |  | $ | 32,986 |
Interest and other finance expense |  | $ | 15,967 |  |  | $ | 16,546 |  |  | $ | 3,603 |  |  | $ | — |  |  | $ | — |  |  | $ | 993 |  |  | $ | 37,109 |
Real estate at cost |  | $ | 499,872 |  |  | $ | 773,562 |  |  | $ | 213,743 |  |  | $ | — |  |  | $ | — |  |  | $ | (15,432 | ) |  | $ | 1,471,745 |
Total assets |  | $ | 633,345 |  |  | $ | 901,758 |  |  | $ | 192,154 |  |  | $ | 59,989 |  |  | $ | — |  |  | $ | (133,927 | ) |  | $ | 1,653,319 |
Expenditures for real estate and improvements |  | $ | 72,571 |  |  | $ | 107,231 |  |  | $ | 3,779 |  |  | $ | — |  |  | $ | — |  |  | $ | (2,083 | ) |  | $ | 181,498 |
Reconciliation to net income and net income attributable to Common Shareholders
Income before depreciation and amortization |  |  |  |  |  |  |  |  |  |  | $ | 79,018 |
Other interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 276 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (32,986 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  |  |  | 1,555 |
Interest and other finance expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (37,109 | )
Gain on debt extinguishment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,268 |
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 474 |
Impairment of asset |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (6,925 | )
Gain on sale of property |  |  |  |  |  |  |  |  |  |  |  |  |  | 46,830 |
Income from discontinued operations |  |  |  |  |  |  |  | 2,262 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | 53,715 |
Net (income) attributable to noncontrolling interests |  |  |  |  |  |  |  | (2,160 | )
Net income attributable to Common Shareholders |  |  |  |  |  |  |  | $ | 51,555 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2010
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Self-Storage Investments |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 57,084 |  |  | $ | 42,062 |  |  | $ | 21,314 |  |  | $ | 19,161 |  |  | $ | 22,479 |  |  | $ | (21,055 | ) |  | $ | 141,045 |
Property operating expenses and real estate taxes |  | 17,236 |  |  | 17,671 |  |  | 13,107 |  |  | — |  |  | — |  |  | (1,536 | ) |  | 46,478 |
General and administrative expenses |  | 22,439 |  |  | 13,588 |  |  | — |  |  | — |  |  | — |  |  | (15,807 | ) |  | 20,220 |
Income before depreciation and amortization |  | $ | 17,409 |  |  | $ | 10,803 |  |  | $ | 8,207 |  |  | $ | 19,161 |  |  | $ | 22,479 |  |  | $ | (3,712 | ) |  | $ | 74,347 |
Depreciation and amortization |  | $ | 13,798 |  |  | $ | 10,898 |  |  | $ | 4,552 |  |  | $ | — |  |  | $ | — |  |  | $ | (440 | ) |  | $ | 28,808 |
Interest and other finance expense |  | $ | 18,036 |  |  | $ | 18,244 |  |  | $ | 4,660 |  |  | $ | — |  |  | $ | — |  |  | $ | (442 | ) |  | $ | 40,498 |
Real estate at cost |  | $ | 441,714 |  |  | $ | 667,179 |  |  | $ | 210,017 |  |  | $ | — |  |  | $ | — |  |  | $ | (13,349 | ) |  | $ | 1,305,561 |
Total assets |  | $ | 574,497 |  |  | $ | 772,715 |  |  | $ | 194,003 |  |  | $ | 89,202 |  |  | $ | — |  |  | $ | (105,611 | ) |  | $ | 1,524,806 |
Expenditures for real estate and improvements |  | $ | 4,137 |  |  | $ | 77,309 |  |  | $ | 1,376 |  |  | $ | — |  |  | $ | — |  |  | $ | (2,302 | ) |  | $ | 80,520 |
Reconciliation to net income and net income attributable to Common Shareholders |  |  |  |  |  |
Income before depreciation and amortization |  |  |  |  |  |  |  |  |  | $ | 74,347 |
Other interest income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 408 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (28,808 | )
Equity in earnings of unconsolidated affiliates |  |  |  |  |  |  |  |  |  | 10,971 |
Interest and other finance expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (40,498 | )
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,890 |
Gain from bargain purchase |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 33,805 |
Income from discontinued operations |  |  |  |  |  |  |  |  |  | 3,332 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | 50,667 |
Net (income) attributable to noncontrolling interests |  |  |  |  |  |  |  | (20,610 | )
Net income attributable to Common Shareholders |  |  |  |  |  |  |  | $ | 30,057 |
ACADIA REALTY TRUST AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 3. Segment Reporting, continued 2009
(dollars in thousands) |  | Core Portfolio |  | Opportunity Funds |  | Self-Storage Investments |  | Notes Receivable |  | Other |  | Amounts Eliminated in Consolidation |  | Total
Revenues |  | $ | 64,249 |  |  | $ | 37,375 |  |  | $ | 11,166 |  |  | $ | 19,698 |  |  | $ | 23,265 |  |  | $ | (21,308 | ) |  | $ | 134,445 |
Property operating expenses and real estate taxes |  | 19,282 |  |  | 14,874 |  |  | 10,985 |  |  | — |  |  | — |  |  | (1,150 | ) |  | 43,991 |
Reserve for notes receivable |  | — |  |  | — |  |  | — |  |  | 1,734 |  |  | — |  |  | — |  |  | 1,734 |
Abandonment of project costs |  | 12 |  |  | 2,475 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,487 |
General and administrative expenses |  | 23,983 |  |  | 13,593 |  |  | — |  |  | — |  |  | — |  |  | (15,570 | ) |  | 22,006 |
Income before depreciation and amortization |  | $ | 20,972 |  |  | $ | 6,433 |  |  | $ | 181 |  |  | $ | 17,964 |  |  | $ | 23,265 |  |  | $ | (4,588 | ) |  | $ | 64,227 |
Depreciation and amortization |  | $ | 14,595 |  |  | $ | 10,480 |  |  | $ | 3,762 |  |  | $ | — |  |  | $ | — |  |  | $ | (1,225 | ) |  | $ | 27,612 |
Interest and other finance expense |  | $ | 19,539 |  |  | $ | 10,657 |  |  | $ | 5,681 |  |  | $ | — |  |  | $ | — |  |  | $ | (245 | ) |  | $ | 35,632 |
Real estate at cost |  | $ | 436,071 |  |  | $ | 486,032 |  |  | $ | 208,702 |  |  | $ | — |  |  | $ | — |  |  | $ | (11,047 | ) |  | $ | 1,119,758 |
Total assets |  | $ | 558,240 |  |  | $ | 607,706 |  |  | $ | 196,658 |  |  | $ | 125,221 |  |  | $ | — |  |  | $ | (105,361 | ) |  | $ | 1,382,464 |
Expenditures for real estate and improvements |  | $ | 3,161 |  |  | $ | 116,734 |  |  | $ | 10,996 |  |  | $ | — |  |  | $ | — |  |  | $ | (3,569 | ) |  | $ | 127,322 |
Reconciliation to net income and net income attributable to Common Shareholders |  |  |  |  |  |  |  |  |
Income before depreciation and amortization |  |  |  |  |  |  |  |  |  | $ | 64,227 |
Other interest income |  |  |  |  |  |  |  |  |  |  | 642 |
Depreciation and amortization |  |  |  |  |  |  |  |  |  |  | (27,612 | )
Equity in (losses) of unconsolidated affiliates |  |  |  |  |  |  |  |  |  | (1,529 | )
Impairment of investment in unconsolidated affiliate |  |  |  |  |  |  |  |  |  |  | (3,768 | )
Interest and other finance expense |  |  |  |  |  |  |  |  |  |  |  |  |  | (35,632 | )
Gain on debt extinguishment |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,057 |
Income tax provision |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 1,541 |
Gain on sale of property |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 7,143 |
Income from discontinued operations |  |  |  |  |  |  |  |  |  | 3,719 |
Net income |  |  |  |  |  |  |  |  |  |  |  |  |  | 12,706 |
Net loss attributable to noncontrolling interests |  |  |  |  |  |  |  | 18,427 |
Net income attributable to Common Shareholders |  |  |  |  |  |  |  | $ | 31,133 |

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